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EU trade chief: Populist movements can bring isolation, failure
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China, EU hold 18th summit in Beijing Source: Xinhua | 2016-07-12 17:49:33 | Editor: huaxia BEIJING, July 12 (Xinhua) -- China and the European Union (EU) are holding their 18th summit in Beijing beginning Tuesday. Chinese Premier Li Keqiang co-chaired the summit with European Council President Donald Tusk and European Commission President Jean-Claude Juncker on Tuesday afternoon. Li said China firmly supports the European integration process and is willing to see a stable, flourishing and strong EU. China and the EU are important powers in maintaining global peace and development, Li said, and the close contact and consultations between the two sides are a positive sign. Li said he is willing to plan further China-EU cooperation with EU leaders. The two sides exchanged views on consolidating political trust, implementing their consensus on cooperation, strengthening communication and cooperation in international and regional affairs. |
EU trade chief: Populist movements can bring isolation, failure
European Trade Commissioner Cecilia Malmstrom gestures as she addresses a news conference at the EU Commission headquarters in Brussels, Belgium, August 4, 2015.
REUTERS/FRANCOIS LENOIR
The European Union's trade chief described populist movements in the United States and elsewhere as "a recipe for isolation and failure" on Monday even as she sought to allay fears about Britain's exit from the EU during a trip to China.
Cecilia Malmström, the commissioner for trade, made the remarks before the EU's annual summit with China, where the two sides are expected to make progress on a major investment deal and discuss issues from steel overcapacity to China's island-building in the South China Sea.
Asked by a student about the possibility that presidential candidate Donald Trump could become the United States' next leader, Malmström said that populists coming to power around the world could lead to the closing of borders.
"The debate in the U.S. today personified by candidate Trump is one of strong criticism against globalization, against trade. The effects of the global crisis have hit many people really, really hard," Malmström said. "Many populists around the world prey on these feelings, on these fears."
If populists come to power, "that is a clear recipe for isolation, for failure, and for less prosperity," she added.
However, she said that China and the EU must maintain close ties with the U.S. whether Trump or Democrat Hillary Clinton wins the White House.
Opposing trade deals has generated controversy within Trump's own Republican Party, but won him supporters among American voters concerned about the loss of manufacturing jobs at home.
Trump has also repeatedly lambasted China's trade and currency policies as damaging to U.S. interests, raising concern in Beijing.
Also on Monday, Malmström called Britain's decision to leave the European Union a "little moment of uncertainty", and she sought to allay fears it would hurt the EU's relationship with China.
The Brexit vote will not impact the E.U.'s trade commitments to China in future, she said, adding that Britain will remain part of the EU for at least two years.
Malmström also criticized China, saying the country had to provide a level playing field for European companies before a free trade agreement could be put on the table.
New rules on cybersecurity, non-governmental organizations and national security were "steps backward", she added, saying the business environment for European companies had worsened in the country.
(Editing by Richard Borsuk)
